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Direct Debit Bill Payments

Background

A Direct Debit (DD) is an instruction from a customer to their bank or building society authorising an organisation to collect varying amounts from their account, as long as the customer has been…

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Payments - Receipts

ECB: the shape of European payments in 2014

Europeans are increasingly choosing non-cash payments, with the number of non-cash payments increasing by 2.8% compared to 2013, to 103.2 billion, according to the European Central Bank.

Payments - Receipts

Fine-tuning the payments services directive

The EPC clarifies its position on two key aspects of PSD2: the ‘no–questions-asked’ refund right for direct debits and customer authentication.